Where can I find the Schedules of Cost of Sales within the Kitchen Solvers financial statements?
Kitchen_Solvers Franchise · 2025 FDDAnswer from 2025 FDD Document
| Independent Auditor's Report | 1 |
|---|---|
| Financial Statements | |
| Balance Sheets | 3 |
| Statements of Income and Members' Equity | 4 |
| Statements of Cash Flows | 5 |
| Notes to Financial Statements | 6 |
| Supplementary Information | |
| Schedules of General and Administrative Expenses | 14 |
| Schedules of Cost of Sales | 15 |
Source: Item 21 — Financial Statements (FDD pages 48–49)
What This Means (2025 FDD)
According to Kitchen Solvers' 2025 Franchise Disclosure Document, the Schedules of Cost of Sales can be found on page 15 of the financial statements. These schedules are considered supplementary information to the core financial statements.
The financial statements include several key components, such as the balance sheets, statements of income and members' equity, statements of cash flows, and notes to the financial statements. These are audited by an independent auditor, and their report is included at the beginning of the financial statements.
The Schedules of Cost of Sales provide additional analysis and detail, but are not a required part of the core financial statements. This information is the responsibility of Kitchen Solvers' management and is derived from the company's accounting records. The independent auditor applies auditing procedures to this supplementary information, ensuring it is fairly stated in relation to the overall financial statements. A prospective franchisee can review these schedules to gain a deeper understanding of the costs associated with sales for the years 2022, 2023, and 2024.